AMC Networks has struck a deal to acquire Liberty Global’s Chellomedia for around $1 billion, in a move aimed at expanding beyond the saturated U.S. pay-TV market. Chellomedia is the content division of Liberty Global, producing and distributing programming like cooking shows, sports and movies to around 390 million households worldwide. AMC isn’t the only programmer looking across the border for growth: Discovery and several other U.S. network companies have taken similar steps in order to find bigger audiences. The deal, announced early Monday, is arguably less significant for John Malone’s Liberty Global, which is focused primarily on growing its international pay-TV distribution business. Here’s what WSJ had to say earlier this year about the then-pending sale.